Can Lottery Winnings Be Inherited?

can lottery annuity be inherited
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According to Powerball, if a jackpot winner dies before receiving all annual installments, “the balance of the prize will be paid to the

If you take the lump sum, it is obvious you can pass it to heirs Annuities are also considered personal property, however, so either way lottery winnings are

can i buy a slot machine for my home Many of these questions are directed toward those who choose the annuity option For specifics about your tax situation, consult a tax professional How will

can you play online poker in washington state Yes, in most instances, you can inherit a lottery annuity Typically, lotteries allow for the inheritance of annuities through the estate administration process